Block Admission Application

RNS Number : 9339A

Ceres Power Holdings plc

27 January 2020

 

27 January 2020

Ceres Power Holdings plc

("Ceres Power" or the "Company")

Block Admission Application

The Company has made an application to the London Stock Exchange Plc for a block admission of 209,443 Ordinary Shares of 10 pence each ("Ordinary Shares").  These Ordinary Shares will be allotted in accordance with the exercise of options under the Sharesave scheme.

It is expected that the block admission will become effective on 30 January 2020. The Ordinary Shares, when issued, shall rank equally with the Company's existing issued Ordinary Shares.

The Company's current issued share capital will not change as a result of the block admission.

For further information, please contact:

Ceres Power Holdings plc Richard Preston		Tel: [phone]
Investec Bank PLC (NOMAD & Joint Broker) Jeremy Ellis / Patrick Robb		Tel: [phone]
Berenberg (Joint Broker) Ben Wright / Mark Whitmore		Tel: [phone]
Powerscourt (Financial PR) Peter Ogden / James White		Tel: [phone]

Notes to Editors:

About Ceres Power

Ceres Power (http://www.cerespower.com) is a world-leading developer of low cost, next generation solid oxide fuel cell ("SOFC") technology. Its asset-light licensing model has seen it establish partnerships with some of the world's largest engineering and technology companies, such as Weichai in China, Bosch in Germany, Miura in Japan, and Doosan in South Korea, to develop systems and products that address climate change and air quality challenges for transportation, industry, data centres and everyday living.  Ceres Power is listed on the AIM market of the London Stock Exchange ("LSE") (AIM: CWR) and is classified by the LSE Green Economy Mark, which recognises listed companies that derive more than 50% of their activity from the green economy.

 

END

 

 

ALSPPUCUGUPUPPQ